Date
Details
Price
Change
Source
3/04/2025
Listed
$1,960,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,960,000
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Property Description
Seize the chance to invest in a prime vacant lot situated in the vibrant heart of Melissa's rapidly expanding downtown district. This property boasts a PRIME LOCATION close to HWY 5! Approximately a 10-minute drive to McKinney, with seamless access to Central Expressway, Highway 121, and the Collin County Outer Loop. This vacant lot is located in the heart of growing downtown Melissa. Close to Melissa City Hall, it is encompassed by residential, commercial and retail developments. This lot presents an unparalleled opportunity for developers and investors aiming to capitalize on the city's upward trajectory. Prospective buyers are advised to consult with the City of Melissa to ensure alignment with local development guidelines. All development plans are subject to approval by the City of Melissa. This property consists of two parcel ID's for a total of 3.75 acres.
Full Property Details
Full Property Details for Tbd State Hwy 5
General
- Price: $1,960,000
- Taxes: $11
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 20860788
- Updated: 3/15/2025
- Added to Site: 320 day(s) ago
Location
- County: Collin
- Subdivision: D E W Babb Survey
- Driving Directions: The pinned location in MLS is accurate. Call agent with questions. From McKinney, north on U.S. 75 Central Expressway. Take HWY 121 north to the HWY 5 split. North on HWY 5. Property is across from City Hall.
School Information
- Elem School District: Melissa ISD
- Midd School District: Melissa ISD
- High School District: Melissa ISD
- Elementary School: Harry Mckillop
- Middle School: Melissa
- High School: Melissa
Utilities
- Utility Description: Electricity Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural, Pasture
Lot Features
- Lot Size (Acres): 3.75
- Lot Size (Sq. Ft.): 163,350
- Lot Size Source: Assessor
- Frontage: City Street
- Lot Features: Acreage, City Lot
- Zoning: Current state code D1 Qualified Ag Land
- Fencing (Description): None
Financial Considerations
- Tax Amount: $11
Disclosures and Reports
- Legal Description: ABS A0033 D E W BABB SURVEY, SHEET 4, TRACT 8
- Property ID: R603300408801
- Block: 4
Listed by Resident Realty, LTD., Lea Ochs
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— Tbd State Hwy 5 —
Lea Ochs
Resident Realty, LTD.
214-620-8933
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for Tbd State Hwy 5
Estimate the Cost
Estimate the Cost for Tbd State Hwy 5
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Tbd State Hwy 5, Melissa, TX 75454 (MLS# 20860788) is a Lots/Land property with a lot size of 3.75 acres. Tbd State Hwy 5 is currently listed for $1,960,000 and was received on March 04, 2025. Want to learn more about Tbd State Hwy 5? Do you have questions about finding other Lots/Land real estate for sale in Melissa? You can browse all Melissa real estate or contact a Coldwell Banker agent to request more information.